Accounting for Companies: Shaulter, Guerry, Ryder, Satoko

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____ 4. Shaulter Corporation uses a process cost accounting system. Given the following data, compute the number of units transferred out during the current period.
Beginning Work in Process 12,000 units (1/2 complete)
Ending Work in Process 15,000 units (1/3 complete)
Started into Production 80,000 units
a. 65,000
b. 75,000
c. 77,000
d. 80,000

____ 6. The following data has been collected for use in analyzing the behavior of maintenance costs of Ryder Corporation:
Month Maintenance Costs Machine Hours
January $242,000 20,000
February 250,000 23,000
March 256,000 24,000
April 318,000 34,000
May 336,000 36,000
June 356,000 38,000
July 362,000 40,000
Using the high-low method to separate the maintenance costs into their variable and fixed cost components, these components are
a. $10 per hour plus $40,000.
b. $10 per hour plus $60,000.
c. $8 per hour plus $82,000.
d. $6 per hour plus $122,000.

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4. Shaulter Corporation uses a process cost accounting system. Given the following data, compute the number of units transferred out during the current period.
Beginning Work in Process 12,000 units (1/2 complete)
Ending Work in Process 15,000 units (1/3 complete)
Started into Production 80,000 units
a. 65,000
b. 75,000
c. 77,000
d. 80,000

Total units available are beginning WIP + Started in production = 92,000. Of these 15,000 are in ending WIP. The units transferred out are 92,000-15,000=77,000